Bank statement messaging
Australia specifics
This list shows the standard formats that are used by the major banks:
- Australia
NAI format
- Australia and New Zealand Banking
MT940, CAMT.053, and CAMT.054
- Westpac Banking Corporation
MT940 and CAMT.053
How Infor meets this requirement
The Australia NAI format is only available with the use of BODs.
The bank sends the NAI BankStatement file to LSP GEMS. GEMS converts the file message into a LoadBankStatement_Inbound BOD, and sends it to FSM using ION. FSM then processes the BOD, which in turn creates the respective bank account statement records. These records are also used for reconciliation.
The LoadBankStatement_In GEMS must imported into ION and an SFTP connection must be established in the document flow. This process is used by FSM to process the BODs and create the bank account statements records.
See Infor Localization Services GEMS User Guide.
The MT940, CAMT.053, and CAMT.054 formats are only available in FSM.
See Financials Setup and Administration Guide.